Archive

  • Australian regulator takes QBE to court over pricing algorithm

    23 October 2024

    Asic is alleging insurer misled non-life customers about discounts

  • Algorithm lands IAG with A$40m Federal Court fine

    03 July 2023

    System limited promised renewal discounts, Court finds

  • Asic sues RACQ over pricing discount failures

    27 February 2023

    The Australian watchdog's chair Sarah Court says "pricing failures are an industry-wide issue"

  • Apra clamps down on RACQ over significant risk governance weaknesses

    12 October 2022

    Capability and capacity challenges within the risk functions were cited as areas of concern

  • Hailstorms trigger Australian summer's first 'catastrophic' event

    02 November 2020

    Trade body estimates A$60m insurance bill as 5,000 claims lodged in Queensland